Oil prices could see 'super spike well above $100' if conflict escalates after Iran's attack on Israel
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Investors don’t seem that worried, for now, about a wider conflict in the Middle East after Iran’s unprecedented attack on Israel
Oil and stock futures traded largely flat Sunday evening as markets offered muted reactions to Iran launching hundreds of missiles and drones at Israel.
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Israel-Iran conflict will add to Fed’s caution on rate cuts as oil prices may disrupt inflation fight—but China and OPEC+ could ease pressure, Capital Economics says
"Energy markets remain the key transmission mechanism from regional tension/conflict to the rest of the world economy."
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Will oil prices keep rising, and how will that affect inflation?
The increase this year, driven by geopolitical tensions and supply shocks, could hamper efforts to rein in inflation.